Desert Ridge July 2016 market stats

By
Real Estate Agent with MavRealty
July 2016 saw a total of 36 home sales in the Desert Ridge area.  As of this writing there are 168 active listings, This brings the  inventory level to 4.66 months worth of supply based on the July sales.   There are currently 63 properties under contract.   Desert Ridge is a wonderful master planned community in Northeast Phoenix.  Desert Ridge is ideally situated close to the junction of the Loop 101 and SR 51 for easy access to all parts of the valley.  Desert Ridge boasts award winning schools, fabulous shopping and dining and wonderful neighborhoods.  For more info on Desert Ridge Homes, check out Desert Ridge or call me at 480-236-7374480-236-7374. Find out about the Desert Ridge Lifestyle now!

 

Total July sales: 36
Average Price Per foot: $188.82
Sale price as a percentage of list price: 98%
Average sale price: $435,893
Median sale price: $372,048
Average Days on market: 97

This breaks down by type as follows:

Single Family Detached Homes
Sale: 24
Average Price Per foot: $187.76
Sale price as a percentage of list price: 98%
Average sale price: $495,406

Median sale price: $482,500
Average Days on market: 84

Condos and Townhomes:
Total sales : 12
Average Price Per foot: $190.94
Sale price as a percentage of list price: 99%
Average sale price: $316,866
Median sale price: $314,950
Average Days on market:122

 

 

Adam Tarr PC
Citywide Real Estate
Phoenix AZ

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